Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for ...
Brian Jacobsen, chief economist at Annex Wealth, joined TheStreet to discuss what higher for longer rates means for the ...
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
5hon MSN
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks ...
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